You guys are positive, big positive? I guess I’m doing it wrong.
With mortgage interest, taxes, other expenses, and Depreciation, how are you guys That positive?
Already one in this blog. Instead of that boring lecture, had he looked his personal finance, he would have come up in his life !
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They should pay kids double the money instead of half.
That would lead to multiple downgrade, many retirement funds, pension funds holding BA for regular dividend payment, impacts BA price, future loan/lending…etc. They announce first to public and then do whatever they planned to do.
Taking government money is attached with many compliance and they can not pay huge bonus at their own will. See what happened in 2008-2011 to banks (esp senior executives) after bail out money !
I’m negative on that but W-2 income screws me on a bunch of fronts. I mean I’m fortunate enough to be phased out of a bunch of deductions and get hit with the Medicare surplus tax. I’m so lucky to be fortunate enough to pay those taxes. 
Futures turned negative. Will see if we limit down again tonight.
Now is not the time to penny pinch.
I need your tax accountant. Don’t you have a bunch of houses?
TaxAct 
It’s really the Deprecation that pushes total into negative territory…
Trust me you don’t really want to deal with a bunch of low end rent controlled properties…
Yea, the phaseout out sucks. I only hit it one year before quitting. W-2 employee can only deduct so much. At least you save on state taxes. 
The tax code always favor asset and business owners…
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Need to keep buying new rentals regularly to maintain loss.
At least Depreciation is not cash out of pocket. Yes I know I will get hit with recapture in the future.
Cash out of equity and purchase, Rinse and repeat.
btw are you concerned or do you have a strategy for when your tenants default? Since the state is preventing evictions for 60 days, what’s your strategy going to be if your tenants stop paying?
I tend to target middle of the road tech tenants, but am concerned about dropping rents and vacancies. So trying to figure out how much cash I want to preserve for debt servicing in case rental income doesn’t cover costs in the next year.
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I think I am different than most here. With rent controlled units and low rent, tenants getting evicted (eventually) for nonpayment will beneficial for me in the long run… I haven’t had a vacancy since my first rental in 2012…
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Depression.
Oh yeah. It’s gonna be ugly.
15.6 million: Restaurant industry employees
How many are still employed right now? How many will be employed in 3 or 4 weeks?
Then there are all the tourism employees…
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Green shoot.
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Dead cat bounce from people trying to catch up with Q1 demand that was already in the pipe which they couldn’t fill because of supply issues when China shutdown. They are building so people need to put it on planes and get here asap. Not sure the demand is still going to be there in Q2/Q3 as we will go from a supply shock (q1 caused by chine) to a demand shock in q2/q3 (caused by the world outside of china getting shutdown)
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At some point we will recover. Here’s a bull case.
In fact, I would go so far as to say that America beginning to restart in three to six weeks is overwhelmingly likely.
As layoffs skyrocket, the holes in America’s safety net are becoming apparent
Laid-off workers are struggling to apply for unemployment aid as government websites crash and phone lines have hours-long waits. Then some are finding they do not even qualify for help
https://www.washingtonpost.com/business/2020/03/19/unemployment-insurance-today-coronavirus/
Of course California unemployment trust is underfunded.
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